Project Profile
Value: US$15 billion
Location: Duqm Port, Oman
Capacity: 11.5 million tonnes per year (230,000 bpd)
Financial completion: 2Q 2018
The grassroots facility will have a nameplate capacity of up to 400,000 barrels a day and will be configured to handle heavy Omani crude. The project will call for the installation of naphtha hydrotreaters and splitters, twin catalytic reformers, isomerisation units, vacuum distillation units (VDUs) and fluid catalytic cracker (FCC) units. It will also entail the construction of a feedstock crude oil pipeline and offsites and utilities, as well as a dedicated export terminal. The refinery will primarily target exports to Asia, Europe and the Mediterranean. The masterplan envisages the construction of a major petrochemicals facility including the worlds largest polypropylene (PE) plant with a capacity of 1.2-1.5 million tpa, a 2.8 mtpa aromatics plant, a 700-800,000 tpa styrene plant and a mixed feedstock cracker. The US$13 billon Duqm oil refinery project, which will have a capacity of 230,000 barrels per day, will reach financial completion in 2Q2018.
Operators:
Duqm Refinery and Petrochemicals Industries Company L.L.C. (DRPIC):
- Oman Oil Company: Operator with 50% interest
- Kuwait Petroleum International (KPI): 50% interest
Contractors:
KBC: Pre-FEED consultancy services
Jacobs Consulting : Pre-FEED contract
Technip: FEED contract and project management consultancy (PMC) for the Duqm Refinery and Petrochemical integrated complex project.
Shaw Energy and Chemicals Limited: Project management consultancy
Credit Agricole retained as advisor : funding advisor
CB&I and Saipem: EPC Package 3 for the Duqm Refinery (September, 2017)
Saipem: Engineering, procurement, construction and commissioning contract under the EPC Package 3. (February, 2018)